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California fires expose $1 trillion hole in US home insurance

The glut of homes in increasingly fire-prone places has created an insurance crisis in California, with many big insurers pulling out of the state to avoid more losses.

By: Australian Financial Review

Jan 10 2025
1
10689 Views

California fires expose $1 trillion hole in US home insurance

The glut of homes in increasingly fire-prone places has created an insurance crisis in California, with many big insurers pulling out of the state to avoid more losses.

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Musk hosts German far-right leader on X, stirs angst about election meddling